New Delhi, Mar 20 (PTI) The National Payments Corporation
of India (NPCI) today said there is no vulnerability or
loophole reported in Bharat Interface for Money (BHIM)
application.

NPCI has done intensive testing, robust design of security
controls and continuous monitoring of its Unified Payments
Interface (UPI) infrastructure, the corporation said in a
statement.

"The environment in which BHIM or UPI is run by NPCI is
highly secure and certified with best global practices," it
said, adding the packages have also been audited by reputed IT
security firms.

NPCI has put in place adequate governance mechanism for
banks to report any fraud or system issues and its redressal,
it said.

Further, it added that since BHIM was launched by Prime
Minister Narendra Modi, significant downloads have been
witnessed.

"Out of the 19.16 million downloads, 5.1 million customers
have been able to link their bank accounts. In many cases
customers downloaded the application to see that they have not
linked their mobile number to the bank account," it added.

"Banks are expected to reach out to all their customers by
various means and ensure universal acceptance of mobile
banking services at the earliest," A P Hota, MD & CEO, NPCI
said.